Top strongest currencies in the World

   So,  last week  I got into an argument with some friends about the strongest currency in the whole universe,  I argued that the pounds sterling (Great Britain pounds) is the strongest but my friends said it is the US dollar. The argument spanned for over 2 hours, we drew each other back and fort with various facts and analysis and none f us won
   However, I personally decides to do some researches after the argument (over the topic we're discussing) but before I delve into my findings, I'd like to ask you "WHICH CURRENCY IS THE STRONGEST IN THE WORLD"
wait!!!!  Did u say it's definitely the US dollar?!  Sorry sweetheart,  YOU ARE WRONG (I had to scream that) and it is not the pounds sterling not the Euro neither..  From my findings I'll list the top  strongest currencies in the universe  (they are listed in order of their power)

   KUWAITI DINAR (KWD) -  The official currency of the State of Kuwait is Kuwaiti Dinar, denoted as KWD. Kuwait being one of the richest countries has the strongest currency of the world. 1 Dinar has the value of 3.28 US Dollars . Highest Denomination Currency Note .as per the sixth series issued in 2014 is of 20 Dinars that equals 65.55 US Dollars . Kuwait is a small country situated in Arabian Peninsula. The oil reserve of Kuwait is the fifth largest in the world and due to the returns received by trade of oil and gas, Kuwait is included in the list of richest countries of modern world and the currency of Kuwait is the strongest currency of world.

  BAHRAINI DINAR (BHD) -  Bahraini Dinar denoted as BHD is the official currency of Kingdom of Bahrain. 1 Bahraini Dinar is equal to 2.65 US Dollars. It is 2nd among the  strongest currencies of modern world. In 2008 the Central Bank of Bahrain has introduced a new series and now the biggest note is of 20 Dinars (like the Kuwaiti dinar) and it is equal to 53.05 US Dollars. Almost all of the Arab countries have discovered their oil reserves and they do trade of these reserves as well, it is important to know that Bahrain was the very first country who discovered its oil reserves.

 OMANI RIYAL (OMR) - Riyal denoted as OMR is the official currency of the Sultanate of Oman. It was attributed as the official currency in 1970. Indian Rupee and Riyal Saidi were the former official currency of the Oman empire.  1unit of OMR equals 2.60 US Dollars. It is the 3rd strongest currency of the world today. The Highest Denomination Currency Note issued by the Central bank of Oman is of 50 Omani Riyal and it is equal to 129.85 US Dollars. Oman is a traditional monarch state, the country  sells oil and gas as many other Arab countries do but along with this trade many other elements add to the country’s economic development. Significant developments are done in the fields of Agriculture and Fishery. Dates, Coconuts, Bananas, wheat, limes, fish and related products are major exports of the country.

   LATVIAN LAT (LVL)  -  Lat has been the official currency of the Republic of Latvia till January 2014. It had been the currency of the state since 1922, however it was replaced by the currency of USSR during the occupation of Russia over the country. One unit of Latvian Lat denoted as LVL equals 1.61 US Dollars. The Highest Denomination Currency Note is of 500 LVL that equals 805.74 US Dollars, though 500 LVL notes are rarely used.

   FALKLAND ISLANDS POUNDS -  Falkland Islands Pound is the currency of The Falkland Islands which is a British overseas territory. The currency is pegged to the British Pound Sterling. The Falkland Islands was introduced in the year 1883. It is one of the strongest currencies of the world as you can get 1.26 USD in exchange of one The Falkland Islands Pound. The highest denomination currency note of The Falkland Islands is 50 Pounds which is equivalent to 63.00 USD.

   BRITISH POUNDS STERLING (GBP)  -  The pound sterling denoted as GBP and is commonly known in the world as Pound. It is interesting to know that it is officially the currency of United Kingdom as well as Jersey, the Isle of Man, Guernsey, the South Sandwich Islands, South Georgia, Tristan da Cunha and the British Antarctic Territory. The Pound is considered to be the oldest among the currencies of world. 1 GBP is equal to 1.27 US Dollars . The Highest Denomination Currency Note is of 50 Pounds that is equal to 63.37 US Dollars. GBP appreciated by 4% during the month of November 2016.

GILBRALTAR POUND -  Gibraltar Pound is the currency of the Gibraltar which is a British overseas territory. The currency is pegged to the British Pound Sterling. The currency was introduced in the year 1934. It is one of the strongest currencies of the world as you can get 1.30 USD in exchange of one The Gibraltar Pound. The highest denomination currency note of The Gibraltar Pound is 50 Pounds which is equivalent to 64.83 USD.

   ST.  HELENA POUND -  The St. Helena Pound is the currency of the Atlantic Islands of Saint Helena and Ascension which is a British overseas territory. The currency is pegged to the British Pound Sterling. It is one of the strongest currencies of the world as you can get 1.25 USD in exchange of 1  St. Helena Pound. The highest denomination currency note of The St. Helena Pound is 20 Pounds which is equivalent to 25.00 USD.

   JORDANIAN DINAR - It is denoted as JOD and it is the official currency of the Hashemite kingdom of Jordan (popularly called Jordan). one jordanian dinar is equivalent to 1.41 us dollar. The central bank of Jordan issued the highest denomination note for the currency which is 50 dinar in 1999, it equals 70.61 USD

   CAYMAN ISLANDS DOLLAR - Denoted as KYD and one KYD is equal to 1.22 US dollars. the highest denomination of the note is 100 kyd which is equal to 121 US dollars.

   EUROPEAN UNIUN EURO - Ths is the common euro we all know, it is denoted as EUR and i bet most people dont know that it is the official currency of 19 states (might be though though, m not really sure cos England just pulled outta the euro zone) of the Euro zone (European union) and several other states are in the process of trying to adopt it as her official currency. one unit of the EUR is equal to 1.08 US dollars. euro appreciated by 2% in november 2016. the highes denomination is 500 eur which is equivalent to 538.49 USD

   SWISS FRANC - It is denoted as CHF and it is the official currency of the Swiss federation popularly known as Switzerland . 1 chf is equal to 1.01 USD. According to the current series of swiss banknotes, highest denomination currency is 1000chf whish is equal to1007.06 USD

NB -  All exchange rates are taken from google and the rates which with I wrote this is correct as at december 24 2016.  further changes are bound to occur in future. Thank you


cc
Ajibola Samuel